A Tale of Two Funds: The management and performance of Futurebuilders England

Category

Futurebuilders provided loan financing to third sector organisations in England to help them bid for, win and deliver public service contracts. With £145 million of loan financing, Futurebuilders was the largest social investment fund in the UK.

For some, it was one of the founding pillars of the UK social investment market. Others viewed it as a distortive influence that undercut other nascent players to "get funds out the door". In short, no other intervention in the UK social investment market has attracted such opposing, and strongly held, points of view.

"Government clearly thought Futurebuilders was the answer to everything.

2014 was the 10th anniversary of the first investment from Futurebuilders, so what better time than to capture the data and ask the Boston Consulting Group to undertake this analysis and develop recommendations for social investors based on the lessons from those first ten years."